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There is a version of the shadow fleet story that treats it as somebody else's problem. Sanctioned states move sanctioned oil on ships nobody reputable would touch, Western regulators chase them with designations, and operators running clean tonnage on legitimate trades watch from a safe distance. That version is wrong in a specific and expensive way. The shadow fleet now represents a large enough share of global tanker capacity that legitimate operators share water, anchorag

As of today, July 1, 2026, the United Kingdom's Emissions Trading Scheme has expanded to cover domestic maritime transport. For shipowners and operators running vessels on UK routes or calling at UK ports, this is not a future regulatory development to monitor, it is a live compliance obligation that began this morning. This post is a practical overview of what the UK ETS is, who it applies to, what it requires operators to do, and how it sits alongside the EU ETS framework t

China's New Maritime Code Is Now in Effect On May 1, 2026, four days ago, China's revised Maritime Code came into force. This marks the first comprehensive revision of the Code since its original enactment in 1993, and the changes are not minor adjustments around the edges. They affect cargo liability, limitation of liability amounts, the scope of who qualifies as a carrier, how damages are calculated, how limitation periods work, and, most significantly for international ope